* The project can be taken up whether individually or on Joint / Group basis.* The ceiling for the project cost by individual Rs.10 lakhs and for the group at Rs.50 lakhs [@ Rs.10 lakhs per member of the groups].

Please refer the Lending Rates link on home page in our Bank`s Website.

Repayment

Loan period between 5 to 10 years including grace period of a maximum of 2 years depending on the activity. [Repayment programme will take into account of income generation, economic life of the asset etc.]

It has been revised from Capital and Interest subsidy to Composite subsidy which will be back ended in nature. It will be 44% of project cost for women, SC/ST and all categories of candidates from NE and Hill states and 36% of project cost for all others. In all new cases, subsidy will be released as composite subsidy. Loan/subsidy will be released as Composite subsidy. loan/subsidy (capital and interest) cases sanctioned so far (but not closed) shall be converted to Composite Subsidy regime and the differential amount between the Component Subsidy and subsidy already released shall be paid to the agri preneurs as per the scheme guidelines.